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Rumor: 100,000 Chase Ultimate Rewards Point Sign-Up Bonus With New Card Coming Soon!

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    Via FlyerTalk, there are rumors of an exciting new Chase travel credit card that may be released within the next month.  This is NOT official or confirmed!

    While many details are not yet available, Chase filed a trademark application in June 2016 for the card name Sapphire Reserve.  And folks on say the new card could have a 100,000 Chase Ultimate Rewards point sign-up bonus!

    A Potential New Chase Card With a 100,000 Chase Ultimate Rewards Point Sign-Up Bonus Could Mean Big Travel With Transfer Partners Like Hyatt

    I’ll share what I know at this point!

    Potential New Chase Sapphire Reserve Card

    Link:   Why Chase Ultimate Rewards Is My Favorite Points Program

    Folks on Reddit and FlyerTalk are saying the new card will be an upgraded version of the Chase Sapphire Preferred card.  There are rumors it’ll be called the Chase Sapphire Reserve or Chase Sapphire Elite.  And that it’ll be open to sign-ups on August 21, 2016.

    Perks are expected to be similar to the AMEX Platinum and Citi Prestige.  This new Chase card will have an annual fee of ~$300 or ~$400, which is similar to premium cards from other banks.

    This could be a great time for Chase to offer a new card with extra benefits following the announcement of negative changes to the Citi Prestige.

    Earning Chase Ultimate Rewards Points From a New Chase Credit Card Would Be a Great Addition to My Favorite Points Program!

    There’s no word yet if card applications will be impacted by Chase’s stricter application rules.

    If you’ve opened ~5 or more credit cards from any bank (excluding certain business cards) in the past 24 months, it’s unlikely you’ll be approved for most Chase cards.

    I’ll be sure to update y’all when I find out more!

    Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)